Strive's Preferred Stock Reaches Par, Opens Bitcoin Funding Avenue
According to reports, Strive's perpetual preferred equity, known as SATA, has surpassed $100. This development enables Strive to access at-the-market issuance. The movement of the preferred equity above par value unlocks a new funding channel related to bitcoin for the company. The specifics of how this funding channel will be utilized were not disclosed in the provided source.
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